Planning one's retirement is an important step in retiring and living a healthy life. And although many get discouraged after experiencing financial setbacks, with perseverance you will achieve your goal. For more information on retirement planning click here. (to family)

Accounts
	Savings account Our basic savings account pays 3.0% interest p.a. on your account, while our savings passbook pays the same interest but gives you the added advantage of a booklet in which your quarterly statements can be kept. Neither savings accounts charge administration fees and statements are mailed at the end of each quarter.
	Current account Our current account is very flexible in that it allows deposits in various ways, transactions of various types, and all kinds of payments. A checking account may be an option provided that you have source of income, which should be deposited directly onto the account. Daily or monthly itemized statements are mailed to you, or deposited in your statement box at the bank.

Investing your life's savings
If you demand a high return on your investment but with no risk element, our Time Deposit account is just what you need. Our interest rates range from 2.75 % for a term of 6 months up to 4.75 % for a term of 5 years. However, if you don't want to commit to a term account, a savings account is what you need. Our savings accounts pays 3.0% interest p.a. on your account.
Other forms of investment that you might want to consider, but that have a greater element of risk attached, are bonds and mutual funds
For more information regarding our investment services contact our Customer Information Department or our Investment Department.

Saving for your grandchildren
We often tend to look out for our loved ones, especially after our younger ones! There are many long-term investment instruments that provide good return. It mainly depends on the amount of risk you're willing to take. Some people prefer Time Deposits over savings accounts, since they yield a higher return. Others prefer the convenience of Savings plans offered by some insurance firms.

For more information regarding our investment services e-mail our Customer Information Department or our investment department at info@bancodicaribe.com

Insurance
One misconception with insurance coverage for senior citizens is that the older you get the more difficult it gets. However, we believe the contrary to be true and we strive to provide the best possible service to our senior citizens. God knows they've earned it!

In general, most insurance firms provide coverage to seniors up to the age of 60 or 65, while new insurance coverage as of the age of 45 may command a higher premium and is in some occasions also dependant on a medical check up.
The previous-mentioned misconception is often the reason why our senior citizens do not have the insurance coverage they deserve. It is often so that they shy away from applying for insurance coverage after the age of say 55, especially when it comes to coverage against the loss of valuables, as well as travel insurance, and in some cases supplemental medical insurance and vehicle insurance. Do not deny yourself coverage you deserve!
For more information call our insurance experts or send us an e-mail

Scaling down
In due time many retirees may become overwhelmed by the financial obligations and the upkeep of their house, which may have become too large for them since all their children are now independent. The time may be right to begin scaling down.
Most people decide to move into a smaller home. Some rent out their old home while others sell it alltogether. Besides, the community where you want to move to may be costly, hence the extra money will come in handy.